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likelyyouththing · 2 years ago

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Extended Detection and Response (XDR) Market Opportunities, Emerging Technologies and Regional Forecast

The global Extended Detection and Response (XDR) Market size is projected to grow from USD 1.7 billion in 2023 to USD 8.8 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 38.4% during the forecast period.

Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52119574

Increasing cyberattacks have heightened the need for XDR solutions. Organizations are increasingly transitioning from point solutions to XDR solutions as XDR provides visibility across critical data sources, including endpoint, network, cloud, email, identity, IoT/OT, and others, to detect and respond to threats often missed by individual point solutions.

Based on offerings, the services segment to grow at a higher CAGR during the forecast period

The services segment by offering would grow with the highest CAGR during the forecast period. The services segment has witnessed tremendous growth. Small and large enterprises increasingly rely on XDR providers to respond to cybersecurity incidents and threats. Financial services, healthcare, and eCommerce verticals have witnessed huge data losses due to security breaches. Enterprises are still flourishing in the development of skilled cybersecurity professionals. Therefore, they highly depend on XDR services to strengthen their cybersecurity capabilities. SMEs look forward to adopting managed XDR services in the future.

Based on verticals, the BFSI segment holds the largest market size during the forecast period.

Banks and financial institutes are prime targets for cyberattacks due to the valuable financial and personal information they possess. To enhance their security posture, many banks are adopting XDR solutions. XDR provides a holistic view of the threat landscape and enables banks to detect various threats across various attack vectors, including malware, phishing attempts, account takeovers, insider threats, and sophisticated targeted attacks. Thus, the BFSI vertical holds the largest market size during the forecast period. Some vendors in the market who cater to the BFSI industry are Trend Micro, Microsoft, Bitdefender, Palo Alto Networks, and CrowdStrike, among others.

Based on regions, Asia Pacific expects to grow at the highest CAGR during the forecast period.

Asia Pacific is home to diverse economies and rapidly growing digital infrastructure and the region faces unique cybersecurity challenges. In this dynamic region, XDR solutions offer a comprehensive threat detection, response, and remediation approach across multiple endpoints, networks, and cloud environments. Asia Pacific countries are undergoing rapid digital transformation, with increased adoption of cloud services, mobile devices, and IoT technologies. XDR provides holistic visibility across these digital assets, enabling organizations to secure their expanding attack surfaces.

Get More Info : https://www.marketsandmarkets.com/Market-Reports/extended-detection-response-market-52119574.html

The XDR market includes analysis of globally established players, such as Trend Micro (Japan), Microsoft (US), Bitdefender (Romania), Palo Alto Networks (US), CrowdStrike (US), SentinelOne (US), IBM (US), Trellix (US), Cybereason (US), Elastic (US), Fortinet (US), Secureworks (US), Cisco (US), Sophos (UK), Broadcom (US), Barracuda Networks (US), eSentire (Canada), Qualys (US), Blueshift (US), Rapid7 (US), Exabeam (US), VMware (US), Cynet (US), LMNTRIX (US), Stella Cyber (US), and Confluera (US).

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ajaydmr · 1 month ago

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Global Network Forensics Market Growth Analysis: Innovations, Key Players & Projections (2025-2032)

The Network Forensics Market is poised for remarkable growth, set to rise from USD 5.3 billion in 2025 to an impressive USD 23.3 billion by 2034, achieving a strong CAGR of 17.8%. This trajectory reflects the increasing urgency for proactive cybersecurity solutions in a world shaped by digital transformation, IoT expansion, and growing cloud adoption.

What is Network Forensics?

Network forensics involves capturing, examining, and analyzing network traffic to detect, investigate, and respond to cyber incidents. Unlike traditional security tools that focus on blocking threats, network forensics digs deeper, providing insight into the who, what, when, and how of attacks. This capability is critical for strengthening security postures and maintaining regulatory compliance.

📄 Get your free sample report PDF here: https://dimensionmarketresearch.com/report/network-forensics-market/request-sample/

Why the Market is Growing

Rising Cyber Threats

Cyberattacks are becoming more advanced and frequent. Organizations need solutions that deliver real-time visibility and swift incident response—key benefits of network forensics.

Surge in IoT Devices

With billions of devices now connected worldwide, network complexity has skyrocketed. Network forensics enables businesses to detect anomalies across sprawling networks and secure critical data.

Increasing Regulatory Demands

Laws like GDPR, HIPAA, and CCPA require thorough monitoring and reporting of data activities. Network forensics helps businesses meet these standards, avoiding compliance risks.

Growth of Cloud and Hybrid Environments

As enterprises transition to hybrid and multi-cloud infrastructures, they need consistent security across platforms. Network forensics delivers cross-environment visibility and protection.

North America’s Leading Position

North America is projected to hold a significant 37.1% market share in 2025 due to:

Strong digital and cybersecurity infrastructure

Higher frequency of sophisticated cyberattacks

Active government initiatives and regulations

A high concentration of cybersecurity technology providers

This ecosystem makes North America a critical hub for network forensics adoption and innovation.

Industries Adopting Network Forensics

BFSI (Banking, Financial Services, Insurance): Protecting sensitive financial data and preventing fraud.

Healthcare: Securing electronic health records and ensuring compliance with privacy laws.

Government & Defense: Detecting espionage and safeguarding national security interests.

IT & Telecom: Monitoring and securing massive volumes of real-time network traffic.

Technology Innovations Driving the Market

Several cutting-edge technologies are fueling advancements in network forensics, including:

Packet sniffers for live traffic capture

Intrusion Detection and Prevention Systems (IDPS)

AI and Machine Learning (ML) for predictive threat analysis

Behavioral analytics to detect deviations from typical network behavior

AI, in particular, is transforming the field, offering faster detection and enhanced accuracy in threat response.

Market Challenges

Despite its strong outlook, the market faces several hurdles:

High costs for deploying and maintaining advanced solutions

Shortage of skilled cybersecurity professionals

Challenges in analyzing encrypted network traffic

Frequent false positives creating alert fatigue for security teams

Addressing these issues will require collaboration across technology providers, regulators, and enterprises.

Future Market Opportunities

The future of the Network Forensics Market holds significant potential, with trends such as:

Integration with Extended Detection and Response (XDR) for unified security coverage

Automation and orchestration to reduce manual workloads and accelerate analysis

Edge-based forensics for localized, faster threat detection

Blockchain technology to secure tamper-proof forensic records

🌐 Explore these opportunities in the complete market report: https://dimensionmarketresearch.com/report/network-forensics-market/request-sample/

Frequently Asked Questions (FAQs)

Q1: What is Network Forensics? It’s the process of examining network data to detect, investigate, and respond to cybersecurity threats.

Q2: What factors are driving the market’s growth? Increasing cybercrime, IoT expansion, stricter regulations, and widespread adoption of hybrid and cloud systems.

Q3: Which region leads the global market? North America, supported by strong cybersecurity infrastructure and regulatory frameworks.

Q4: What industries rely on network forensics? BFSI, healthcare, government, telecom, and IT sectors.

Q5: What challenges exist in the market? High implementation costs, talent shortages, and challenges inspecting encrypted traffic.

Conclusion: A Strategic Investment for Modern Security

As cyber threats become more sophisticated and digital ecosystems grow more complex, network forensics stands out as an essential element of modern cybersecurity. Businesses that invest in these capabilities position themselves to better protect data, respond swiftly to incidents, and stay compliant in a fast-evolving digital world.

#Network Forensics Market

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gis2080 · 4 months ago

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🛡️ Cybersecurity Gets Real — Extended Detection & Response market to hit $7.5B by 2034 (from $1.85B 😮), with a spicy 15% CAGR.

Extended Detection and Response (XDR) is reshaping the cybersecurity landscape by delivering a unified approach to threat detection, investigation, and response across multiple security layers. Unlike traditional solutions that operate in silos, XDR integrates data from endpoints, networks, servers, email, and cloud workloads into one cohesive platform. This holistic visibility enables security teams to detect complex attacks faster and respond more effectively with automated workflows and advanced analytics.

To Request Sample Report : https://www.globalinsightservices.com/request-sample/?id=GIS24377 &utm_source=SnehaPatil&utm_medium=Article

XDR solutions leverage machine learning, threat intelligence, and behavior analytics to reduce alert fatigue and uncover stealthy threats that often go unnoticed. As cyberattacks grow in sophistication, organizations are turning to XDR to bridge security gaps and streamline incident response. The ability to correlate signals across environments in real-time enhances threat hunting, reduces dwell time, and strengthens overall security posture. Designed for scalability and integration, XDR supports both on-premises and hybrid cloud infrastructures, offering flexibility for modern enterprises. In today’s digital-first world, XDR is not just a trend — it’s becoming a necessity for proactive, intelligent, and coordinated cybersecurity defense.

#xdr #cybersecurity #extendeddetectionandresponse #threatdetection #endpointsecurity #cloudsecurity #networksecurity #securityoperations #siem #soar #securityanalytics #threathunting #malwareprotection #infosec #zerotrust #securityautomation #cyberresilience #threatintelligence #dataprotection #securityplatform #digitaldefense #incidentresponse #cyberthreats #attackprevention #realtimesecurity #machinelearningsecurity #behavioranalytics #cyberdefense #hybridcloudsecurity #securitystrategy #securityvisibility #securityintegration #advancedthreatprotection #securitystack #securitymanagement #itsecurity

Research Scope:

· Estimates and forecast the overall market size for the total market, across type, application, and region

· Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

· Identify factors influencing market growth and challenges, opportunities, drivers, and restraints

· Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

· Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

About Us:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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industrynewsupdates · 6 months ago

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Firewall As A Service Market: Key Trends and Innovations Driving Industry Growth

The global firewall as a service market size is anticipated to reach USD 12.27 billion by 2030, registering a CAGR of 22.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. The surge in data breaches in the cloud environment and the proliferation of NGFW are expected to drive demand for the firewall as a service solution and services among industries.

The COVID-19 outbreak had a positive impact on the firewall as a service market. Numerous organizations shifted to online platforms from traditional methods to operate their businesses as a response to the work-from-home situation due to the pandemic. Several factors are pushing the market growth, such as increased cyber-attacks targeting remote workers, demand for a secure and managed workforce, cost-effectiveness, and scalable solutions. Several industry players such as Cisco Systems Inc., Barracuda Networks, Inc., Juniper Networks, Inc., Amazon Web Services, Inc., Cloud flare, Inc., IBM Corporation, Fortinet, Inc., and Palo Alto Networks witnessed a growth in sales of the firewall as a service technology during the pandemic. Thus, such factors are fueling market demand.

Gather more insights about the market drivers, restrains and growth of the Firewall As A Service Market

Firewall As A Service Market Report Highlights

• Based on service type, the compliance & audit management segment accounted for the highest revenue share of 21.7% in 2022 and is expected to retain its position during the forecast period. Surging use of the firewall as a service solution owing to its benefits such as minimization of the risk of data breaches and ensuring the confidentiality, integrity, and availability of sensitive information is attributed to the market growth

• Based on the deployment model, the public segment dominated the market with a share of 48.4% in 2022 and is also expected to expand at a CAGR of 21.0% during the forecast period. This can be attributed to the rising adoption of cloud-based firewall services worldwide that focus on providing data security as well as network security. The hybrid segment is expected to expand at the fastest CAGR of 24.8% during the forecast period. This can be attributed to the increasing demand from enterprises to deliver hybrid-based firewall-as-a-service solutions that prevent cyber threats, which can be accessed from anywhere

• In September 2022, Barracuda Networks, Inc., a U.S.-based online security products and services provider, announced the addition of new features to its extended detection and response (XDR) platform, allowing its MSP partners to create security services related to the current business environment. The features upgraded include Barracuda CloudGen Firewall-Barracuda XDR Integration, Security Orchestration, Automation and Response (SOAR) capabilities, and mapping of threat detection rules to the MITRE attack framework to integrate email, cloud, endpoint, server, and network capability into security services

• In terms of enterprise size, the large-size enterprises segment held the dominant market share of 69.5% in 2022. The segment growth is mainly driven by the increasing adoption and awareness of the technology, as large enterprises are leveraging cloud-based platforms to secure networks and data security; boost productivity, increase agility & flexibility; and reduce costs by automating routine tasks. The small and medium-sized enterprises (SMEs) segment is likely to register the highest CAGR of 23.6% during the forecast period

• In terms of vertical, the BFSI segment accounted for the maximum revenue share of 18.2% in 2022. This can be attributed to the increasing adoption of cloud-based firewall service solutions among banks and other financial firms to provide better network security, safeguard crucial data, and prevent cyber fraud activities. The retail segment is likely to register the highest CAGR of 28.6% during the forecast period

• North America held the largest share of 34.4% in 2022 and is expected to expand at a CAGR of 21.8% during the forecast period. This can be attributed to the presence of a large number of cloud firewall market players in the region. The extensive presence of developed technology and technology expert organizations are also aiding the market growth. Asia Pacific is anticipated to expand at the highest CAGR of more than 23.7% during the forecast period

Firewall As A Service Market Segmentation

Grand View Research has segmented the global firewall as a service market based on the service type, deployment model, enterprise size, industry vertical, and region:

Firewall As A Service Type Outlook (Revenue, USD Million, 2017 - 2030)

• Traffic Monitoring & Control

• Compliance & Audit Management

• Reporting & Log Management

• Automation & Orchestration

• Security Management

• Managed Services

• Professional Services

• Others

Firewall As A Service Deployment Model Outlook (Revenue, USD Million, 2017 - 2030)

• Public

• Private

• Hybrid

Firewall As A Service Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

• Large Size Enterprises

• Small and Medium Sized Enterprises

Firewall As A Service Industry Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI

• Retail

• IT & Telecommunication

• Healthcare

• Energy & Utilities

• Manufacturing

• Government

• Education

• Others

Firewall As A Service Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Italy

• Asia Pacific

o China

o India

o Japan

o Australia

• Latin America

o Brazil

o Mexico

o Chile

o Argentina

• Middle East & Africa

o UAE

o Saudi Arabia

o South Africa

List of Key Players in the Firewall As A Service Market

• Cisco Systems Inc.

• Barracuda Networks, Inc.

• Check Point Solution Technologies Ltd.

• Juniper Networks, Inc.

• Cato Networks Ltd.

• Palo Alto Networks.

• Fortinet, Inc.

• Forcepoint LLC

• Sophos Ltd.

• Zscaler, Inc.

• WatchGuard Technologies, Inc.

• Sonic Wall

Order a free sample PDF of the Firewall As A Service Market Intelligence Study, published by Grand View Research.

#Firewall As A Service Market #Firewall As A Service Market Size #Firewall As A Service Market Share #Firewall As A Service Market Analysis #Firewall As A Service Market Growth

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jcmarchi · 2 years ago

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How to rebuild trust after a cyber security breach - CyberTalk

New Post has been published on https://thedigitalinsider.com/how-to-rebuild-trust-after-a-cyber-security-breach-cybertalk/

How to rebuild trust after a cyber security breach - CyberTalk

By Rupal Hollenbeck, President, Check Point

With cyber attacks rising and trust in institutions declining, having a cyber security resilience plan is essential for business

Consolidating fragmented cyber security systems is the key preventative strategy

Strong communications with customers is equally important in the aftermath to re-establish trust

The last several years have fundamentally changed the way we live and work. The shift to remote and hybrid work has produced significant disruption, which in turn has led to technology innovation. This enabled people to connect to their workplaces and stay productive from outside the traditional security perimeter through new platform tools, workforce collaboration solutions, internal messaging integrations, remote training and more.

At the height of this innovation, however, collective trust in institutions experienced decline. In 2019, approximately 64% of respondents indicated a degree of trust in big business, according to Gallup. By 2023, that had declined by eight percentage points, while the share of people expressing very little or no trust at all in big business jumped seven percentage points to 43%.

Rebuilding trust has been a priority for companies everywhere, but there are notable headwinds slowing this process down. Unfortunately, we get news of security breaches at major institutions with alarming regularity. It’s no wonder that in this threat environment, businesses are struggling to rebuild trust with their customers. Naturally, this involves establishing a strong, proactive and preventative cyber security posture. It also means developing a resilience plan for when a cyber security incident occurs to limit the impact from a technical, organizational and financial point of view.

Before it happens

The first and most important element is to focus on prevention. Consolidation is the best way to achieve this. Industry did well to produce the innovation the market needed to facilitate the first phase of the rapid transition to cloud, but we’ve matured past these products’ ability to provide comprehensive protection. Most companies have adopted a host of point products to execute different kinds of business. This has produced sprawling, inadequately secured networks. It’s a patchwork system, and organizations, as a result, end up with patchwork coverage incapable of evolving with the company, all while paying a premium by dealing with multiple vendors. And threat actors have taken notice. The number of data breaches experienced in private industry has more than doubled since 2019, according to Verizon’s Data Breach Incident Report.

Executives understand this: Research from Gartner shows 75% of organizations are consolidating security vendors, up from 29% in 2020. Secure access service edge (SASE) and extended detection and response (XDR) technologies are a good starting point for the consolidation journey, as these solutions secure access for distributed users and enable teams to detect and respond to threats, respectively. Most importantly, these solutions are designed not only to respond to threats, but identify and prevent them from turning into breaches. When deployed in a consolidated platform with complete interoperability with the rest of the security suite, they offer greater visibility and security by transforming the toolset into a proactive, prevention-oriented program, limiting the potential fallout from a breach before it even happens. When a security incident does occur, customers can be confident that the systems are in place to limit how much damage an intruder can do, which in turn lays a foundation to rebuild trust for the future.

When it happens

While a strong security posture can prevent the worst outcomes, threat actors only need to get lucky once. No organization is completely immune to breach. The damage from these incidents can range from monetary damages to broad loss of confidence in the company’s ability to do business safely. How does a company rebuild trust after this kind of unauthorized access?

First, you need to limit the damage. That’s why the first step to rebuilding trust is a proactive one: Build a consolidated, prevention-focused security posture, and you’ll be able to limit the fallout. If you’re unable to do so before an incident, it should be the first objective after restoring business operations. Customers will need to know that prevention is your first priority.

The key to rebuilding trust over time is to communicate. The company must demonstrate that they are acting according to a cohesive strategy. This will always include appropriate disclosures. Prompt and transparent disclosure of a breach is important, and most jurisdictions require one to be made “without unreasonable delay”, so there’s a compliance element to this. Beyond that, it enables the appropriate parties to take action to protect themselves or even help develop a fix.

Special communications should go to customers. If continuity of operations has been interrupted, provide a timeline that the company can stick to, if possible. Alert customers to their own potential exposure, and provide the tools to remediate as soon as they’re available.

Your external communications – whether that’s in the press, social media or on the company blog – must be informational, action-oriented and clear about the scope of the damage. Most importantly, these communications must highlight what the company has done to address the breach, how this fits into a broader strategy, and why a similar incident won’t compromise them in the future. Avoid taking a defensive posture, and instead approach the situation as partners.

Essentially, responding to a breach is about people, process and technology in that order. Make sure the people impacted are in the loop with consistent and clear communications first and foremost. Identify and fix process and technology failures during remediation.

Confidence is key for cyber security

Ultimately, there is no replacement in modern business for building a prevention-focused cyber security posture. A company that fails to prioritize cyber security is a soft target for threat actors of all stripes. Trust requires confidence that your partner is acting to protect your mutual interests, and that means investing in consolidated cyber security that evolves along with your business and, crucially, the threat environment.

Be prompt and transparent in your disclosures and communications – delays expand the window for additional damage and obfuscation degrades customer and public trust in the statements you do make. You must give customers and the public good reasons to trust you. Building trust takes time, and there’s no substitute for a track record. As a result, strong, consolidated cyber security is already serving as a differentiator.

This article was originally published by the World Economic Forum and has been reprinted with permission.

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marketresearch99 · 2 years ago

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Next-Gen Security Solutions: Endpoint Market Innovations in 2024

In the rapidly evolving landscape of cybersecurity, the Endpoint Security Market stands as a vanguard against the escalating threat landscape. As we delve into the year 2024, the endpoint security industry continues to witness unprecedented growth and transformation, leveraging cutting-edge technologies and proactive strategies to combat evolving cyber threats.

Unveiling the Growth Trajectory

The Endpoint Security Market of 2024 showcases remarkable growth, driven by the perpetual evolution of cyber threats and the imperative need for robust defense mechanisms. Projections indicate a surge in demand for advanced endpoint security solutions that fortify organizations against sophisticated cyber-attacks.

Key Trends Redefining Cyber Defense

AI-Powered Threat Detection: Endpoint security solutions in 2024 leverage Artificial Intelligence and Machine Learning algorithms to detect and respond to threats in real-time, enhancing proactive defense measures.

Zero Trust Frameworks: The adoption of Zero Trust security models continues to rise, ensuring strict access controls and continuous verification, mitigating risks associated with insider threats and unauthorized access.

Endpoint Detection and Response (EDR): EDR solutions evolve to offer comprehensive visibility into endpoint activities, enabling swift threat containment and remediation, reducing dwell time during cyber incidents.

Extended Detection and Response (XDR): The integration of XDR solutions broadens threat visibility across multiple security layers, orchestrating responses and investigations for more comprehensive defense mechanisms.

Industry Applications and Transformations

Endpoint security advancements resonate across various industries, safeguarding sensitive data and critical systems:

Financial Sector: Endpoint security fortifies banking and financial institutions against ransomware, phishing, and fraud, ensuring secure online transactions and safeguarding customer data.

Healthcare Industry: Robust endpoint security in healthcare protects patient records, medical devices, and sensitive information, ensuring compliance with stringent data protection regulations.

Enterprise Environments: Businesses deploy endpoint security solutions to safeguard corporate networks, endpoints, and IoT devices, preserving critical business operations and intellectual property.

Challenges and Opportunities Ahead

While the Endpoint Security Market of 2024 displays promising advancements, challenges like threat sophistication, security fatigue, and resource constraints persist. Addressing these challenges presents opportunities for innovation, collaboration, and the development of more resilient security architectures.

For More Info@ https://www.gmiresearch.com/report/endpoint-security-market-share-analysis-industry-research/

Embracing Proactive Cyber Resilience

In conclusion, the Endpoint Security Market of 2024 signifies a paradigm shift towards proactive cyber resilience. As cybersecurity becomes increasingly integral to business strategies, organizations are urged to adopt a proactive stance, investing in advanced endpoint security measures to fortify their defense postures against emerging cyber threats.

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likelyyouththing · 2 years ago

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Extended Detection and Response (XDR) Market Size, Trends, Investments, Share, Leading Players

The global Extended Detection and Response Market size is projected to grow from USD 1.7 billion in 2023 to USD 8.8 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 38.4% during the forecast period. Key factors such as the evolving cyber threat landscape; the need for real-time monitoring, visibility, analysis, and response across the security stack; and the shift from EDR to XDR support the growing demand of the XDR market.

Government regulations and the imperative for compliance have also played a significant role in adopting XDR solutions as businesses strive to meet security requirements and protect sensitive data. Additionally, the rapid proliferation of technology, such as IoT and advanced analytics/AI, necessitates implementing XDR solutions to proactively detect and respond to emerging threats. Together, these factors form a powerful force behind the growth and advancement of the XDR market.

Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52119574

Increasing cyberattacks have heightened the need for XDR solutions. Organizations are increasingly transitioning from point solutions to XDR solutions as XDR provides visibility across critical data sources, including endpoint, network, cloud, email, identity, IoT/OT, and others, to detect and respond to threats often missed by individual point solutions.

What is Extended Detection and Response (XDR) Market ?

Extended Detection and Response (XDR) consolidates multiple security products into a unified security platform for a real-time view of threats. It ensures analysis, prioritization, and remediation of data across endpoints, emails, servers, cloud workloads, and networks to enable deep visibility into advanced threats.

Based on offerings, the services segment to grow at a higher CAGR during the forecast period

The services segment by offering would grow with the highest CAGR during the forecast period. The services segment has witnessed tremendous growth. Small and large enterprises increasingly rely on XDR providers to respond to cybersecurity incidents and threats. Financial services, healthcare, and eCommerce verticals have witnessed huge data losses due to security breaches. Enterprises are still flourishing in the development of skilled cybersecurity professionals. Therefore, they highly depend on XDR services to strengthen their cybersecurity capabilities. SMEs look forward to adopting managed XDR services in the future.

Based on verticals, the BFSI segment holds the largest market size during the forecast period.

Banks and financial institutes are prime targets for cyberattacks due to the valuable financial and personal information they possess. To enhance their security posture, many banks are adopting XDR solutions. XDR provides a holistic view of the threat landscape and enables banks to detect various threats across various attack vectors, including malware, phishing attempts, account takeovers, insider threats, and sophisticated targeted attacks. Thus, the BFSI vertical holds the largest market size during the forecast period. Some vendors in the market who cater to the BFSI industry are Trend Micro, Microsoft, Bitdefender, Palo Alto Networks, and CrowdStrike, among others.

Based on regions, Asia Pacific expects to grow at the highest CAGR during the forecast period.

Asia Pacific is home to diverse economies and rapidly growing digital infrastructure and the region faces unique cybersecurity challenges. In this dynamic region, XDR solutions offer a comprehensive threat detection, response, and remediation approach across multiple endpoints, networks, and cloud environments. Asia Pacific countries are undergoing rapid digital transformation, with increased adoption of cloud services, mobile devices, and IoT technologies. XDR provides holistic visibility across these digital assets, enabling organizations to secure their expanding attack surfaces.

Get More Info - https://www.marketsandmarkets.com/Market-Reports/extended-detection-response-market-52119574.html

The XDR market includes analysis of globally established players, such as Trend Micro (Japan), Microsoft (US), Bitdefender (Romania), Palo Alto Networks (US), CrowdStrike (US), SentinelOne (US), IBM (US), Trellix (US), Cybereason (US), Elastic (US), Fortinet (US), Secureworks (US), Cisco (US), Sophos (UK), Broadcom (US), Barracuda Networks (US), eSentire (Canada), Qualys (US), Blueshift (US), Rapid7 (US), Exabeam (US), VMware (US), Cynet (US), LMNTRIX (US), Stella Cyber (US), and Confluera (US).

Trend Micro (Japan) is a prominent vendor in the XDR market. Trend Micro, a Japanese cybersecurity company, provides a wide range of advanced threat defense strategies designed for environments such as AWS, Microsoft, and Google, as well as central visibility for better, faster detection and reaction. The cybersecurity platform from Trend Micro safeguards individuals and companies across clouds, networks, devices, and endpoints with decades of security knowledge, worldwide threat analysis, and ongoing innovation. The company offers Trend Micro Vision One and Managed XDR services for Extended Detection and Response. Trend Vision One integrates XDR with powerful risk management tools and dynamic zero trust. It continuously monitors and evaluates an organization’s security posture, with custom role-based dashboard views for prioritized insights. Trend Micro applies XDR analytics to activity data from its native solutions to produce actionable alerts and comprehensive incident views. Users can hunt for active threats using various search methods and leverage automated intelligence to detect new indicators of compromise. Trend Micro XDR works across multiple security vectors, breaking down silos and optimizing security operations through a single pane of glass. Trend Micro Vision One applies XDR analytics to the activity data from its native solutions to produce actionable alerts and comprehensive incident views. On the other hand, Trend Micro Managed XDR and incident response services for support across the XDR solution and customer life cycle. Globally, a strong vendor presence is one of the essential factors leading to a good market share in the XDR market.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are moulded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit MarketsandMarkets™ or follow us on Twitter, LinkedIn and Facebook.

Contact:

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#Extended Detection and Response (XDR) Market #Extended Detection and Response (XDR) Market size #Extended Detection and Response (XDR) Market share #Extended Detection and Response (XDR) Market trends #Extended Detection and Response (XDR) Market demand #Extended Detection and Response (XDR) Market overview #Extended Detection and Response (XDR) Market outlook

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industrynewsupdates · 8 months ago

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Industrial Ethernet Market Outlook, Competitive Strategies And Forecast

The global industrial ethernet market size was estimated at USD 11.43 billion in 2023 and is projected to expand at a CAGR of 7.9% from 2024 to 2030. The market is experiencing significant growth, driven by the increasing demand for robust and reliable networking solutions in industrial settings. As manufacturing processes become more automated and interconnected, the need for high-speed, low-latency communication networks has intensified. Industrial Ethernet provides a scalable and flexible infrastructure that supports real-time data exchange and integration with advanced technologies such as IoT and Industry 4.0. This evolution is fueled by the rise of smart factories, where seamless data flow between machines and control systems is crucial.

The shift from traditional fieldbus systems to Ethernet-based networks is also contributing to the market expansion, as Ethernet offers superior bandwidth and network management capabilities. Furthermore, the growing emphasis on predictive maintenance and data analytics in industrial operations is pushing companies to invest in Ethernet solutions that can handle large volumes of data. As a result, the market is poised for robust growth, with increasing adoption across various sectors.

The market is also gaining traction in industries such as energy, transportation, and utilities. These sectors require reliable and secure communication networks to manage complex operations and ensure safety. For instance, in the energy sector, Ethernet networks are used to monitor and control power grids, enabling real-time data acquisition and response to system anomalies. Similarly, in transportation, Ethernet solutions facilitate the management of traffic control systems and support advanced applications like vehicle-to-everything (V2X) communication.

Gather more insights about the market drivers, restrains and growth of the Industrial Ethernet Market

Key Industrial Ethernet Company Insights

Prominent firms have used product launches and developments, followed by expansions, mergers and acquisitions, contracts, agreements, partnerships, and collaborations as their primary business strategy to increase their market share. The companies have used various techniques to enhance market penetration and boost their position in the competitive industry.

For instance, In April 2024, Festo BV., a German automation company, and Phoenix Contact announced a strategic partnership to develop innovative solutions using PLCnext technology, combining their strengths to advance industrial automation. This collaboration aims to create flexible, open automation systems that meet the convergence of IT and OT, driving innovation and sustainability in the industry.

Recent Developments

• In July 2024, Moxa Inc. launched the MRX Series Layer 3 rackmount Ethernet switches, which support up to 64 ports and offer 16 ports with 10GbE speed. The EDS-4000/G4000 Series Layer 2 switches with 2.5GbE uplink options to enable high-bandwidth IT/OT convergence for industrial applications. These switches offer industrial-grade reliability, network redundancy, and simplified deployment, providing enhanced security and exceptional flexibility to futureproof network infrastructure.

• In July 2024, Rockwell Automation collaborated with Cisco Systems, Inc. to develop the Stratix 5200 Ethernet switches, which enhance OT and IT integration with increased functionality, security, and seamless integration with Rockwell’s Studio 5000 software. These switches, built on the Cisco IOS XE platform, support high-speed, redundant architectures, Layer 2 access switching, and compliance with international cybersecurity standards.

• In May 2024, Cisco Systems, Inc. integrated Splunk technology with its Extended Detection & Response (XDR) service to enhance enterprise Security Operations Centers (SOCs) by providing comprehensive threat prevention, detection, investigation, and response capabilities. This integration, along with the addition of AI and machine learning features, aims to improve security visibility and efficiency, helping organizations maintain robust security postures and address the global cybersecurity talent shortage.

Global Industrial Ethernet Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global industrial Ethernet market report based on type, protocol, end us,e and region.

Type Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware

• Software

• Services

Protocol Outlook (Revenue, USD Million, 2018 - 2030)

• EtherCAT

• EtherNet/IP

• PROFINET

• POWERLINK

• SERCOS III

• CC-Link IE

End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Automotive & Transportation

• Oil and Gas

• Energy & Power

• Food & Beverages

• Chemical & Fertilizer

• Electrical & Electronics

• Aerospace & Defense

• Others

Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

• Asia Pacific

o China

o Japan

o India

o South Korea

o Australia

• Latin America

o Brazil

• Middle East and Africa (MEA)

o KSA

o UAE

o South Africa

Order a free sample PDF of the Industrial Ethernet Market Intelligence Study, published by Grand View Research.

#Industrial Ethernet Market #Industrial Ethernet Market Size #Industrial Ethernet Market Share #Industrial Ethernet Market Analysis #Industrial Ethernet Market Growth

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likelyyouththing · 3 years ago

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Extended Detection and Response (XDR) Market Development Status, Key Players, Competitive Landscape 2027

Extended Detection and Response (XDR) Marketsize is expected to grow from an estimated value of USD 985 million in 2022 to USD 2,358 million by 2027, at a Compound Annual Growth Rate (CAGR) of 19.1% from 2022 to 2027.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52119574

Evolving cyber threat landscape, need for real-time monitoring, visibility, analysis, and response across security stack and shift from EDR to XDR are some of the factors that are driving the market growth.

The COVID-19 pandemic has positive impacts on the XDR market. The adoption of XDR has increased due to the rising cyber threats and incidents and the increasing trend of BYOD and WFH globally; the use of managed security and XDR has increased. Given to the pandemic, the cyberattacks have increased by 151% in 2021, an average of 270 cyberattacks per organizations. Due to this, local firms have turned to global hyper-scalers for assistance with XDR solutions and services implementation to make their operations more efficient, scalable, and secure.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=52119574

The services segment by component is projected to grow with a highest CAGR in the forecast period. The services segment has witnessed tremendous growth in recent years. Both SMEs and large enterprises are increasingly relying on XDR providers to better respond to cybersecurity incidents. Financial services, healthcare, and eCommerce verticals have witnessed huge data losses due to security breaches. Enterprises are still flourishing in the development of skilled cybersecurity professionals. Hence, they are highly dependent on XDR for strengthening their cybersecurity capabilities.

Get More Info @ https://www.marketsandmarkets.com/Market-Reports/extended-detection-response-market-52119574.html

The cloud deployment mode in the XDR market is projected to have the larger market size. Cloud hosted deployment is also known as the SaaS model. Such deployment modes significantly reduce the cost of purchase and maintenance of hardware, as it is handled and managed by hosted providers. Additionally, organizations can scale up and down, depending on their use of services. Cloud hosted services offer pay-as-you-use pricing models to end users. Organizations are adopting hosted services, as they are easy to install and scalable.

The growing scale of cyberattacks has heightened the need for XDR solutions. Organizations are seeking out for solutions that offer better visibility into the cyber threat landscape. Organizations are considering XDR solutions as they aren’t satisfied with security outcomes from SIEM, or legacy EDR, or even MSSPs. XDR growth rate is primarily attributed to the detection of security threats not just on endpoints but also in the cloud, on mobile devices, and across user identities. Capabilities offered by XDR such as advanced analytics (AI and ML) to detect and identify complex attacks hold huge potential for the market to grow in future.

Key Players

Micro (Japan), Microsoft (US), Bitdefender (Romania), Palo Alto Networks (US), CrowdStrike (US), SentinelOne (US), IBM (US), Trellix (US), Secureworks (US), Cisco (US), Sophos (UK), Broadcom (US), Cybereason (US), Elastic (US), Fortinet (US), AT&T (US), eSentire (Canada), Qualys (US), Blueshift (US), Rapid7 (US), Exabeam (US), Cynet (US), LMNTRIX (US), Hunters (Israel), and Confluera (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact: Mr. Aashish Mehra MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email:[email protected]

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact: Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email:[email protected]

#Extended Detection and Response (XDR) Market #Extended Detection and Response (XDR) Market size #Extended Detection and Response (XDR) Market share #Extended Detection and Response (XDR) Market trends #Extended Detection and Response (XDR) Market demand #Extended Detection and Response (XDR) Market overview #Extended Detection and Response (XDR) Market growth

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likelyyouththing · 3 years ago

Text

Extended Detection and Response (XDR) Market Future Trends and Growth Prospects to 2026

Extended Detection and Response (XDR) Market size is projected to grow from USD 985 million in 2022 to USD 2,358 million by 2027, at a Compound Annual Growth Rate (CAGR) of 19.1% during the forecast period. The growing scale of cyberattacks has heightened the need for XDR solutions. Organizations are increasingly transitioning for point solutions to XDR solution as XDR provides visibility across many important data sources including endpoint, network, cloud, email, identity, IoT/OT, and others to find and respond to threats often missed by individual point solutions.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52119574

By component, the services segment to register the highest growth rate during the forecast period

Based on offerings, XDR services have witnessed a growing demand in recent years. The services include the support offered by security vendors to assist their customers in using and maintaining XDR efficiently. The services segment has witnessed tremendous growth in recent years. Both SMEs and large enterprises are increasingly relying on XDR providers to better respond to cybersecurity incidents. Financial services, healthcare, and eCommerce verticals have witnessed huge data losses due to security breaches. Hence, they are highly dependent on XDR for strengthening their cybersecurity capabilities. Employees are also adapting to new working practices by using VPN services, thus making their systems more vulnerable to attacks. With the ongoing scenario of rising attacks, organizations are deploying XDR to better protect their security infrastructure worldwide.

Based on deployment mode, the cloud segment to grow at the highest CAGR during the forecast period

The cloud deployment offers increased scalability, speed, 24/7 support services, and improved IT security. The demand for SaaS-based security solutions is rapidly increasing, as the central delivery model meets the IT security needs. Owing to the increasing number of applications being deployed on the hosted provider’s data centers, there is a shift from traditional on-premises XDR services to hosted XDR services across large enterprises and SMEs. Some of the key vendors offering on-premises and cloud XDR deployment modes are Secureworks, IBM, Trellix, Cisco, and eSentire.

Get More Info @ https://www.prnewswire.com/news-releases/extended-detection-and-response-market-worth-2-358-million-by-2027--exclusive-report-by-marketsandmarkets-301563942.html

North America to hold the largest market share during the forecast period.

North America is estimated to account for the highest market share in the XDR market. The threat landscape is continuously evolving across the globe to combat cyber threats and protect critical data and information from cyberattacks are expected to drive the XDR market in North America. North America is the most affected region in the world by cybersecurity breaches; as a result, it has the largest number of XDR providers. As the world is moving toward interconnections and digitalization, protecting enterprise-critical infrastructure and sensitive data has become one of the major challenges. This region is the most advanced in terms of the adoption of security solutions, services, and infrastructure.

Market Players

Key and innovative vendors in extended detection and response market include Trend Micro (Japan), Microsoft (US), Bitdefender (Romania), Palo Alto Networks (US), CrowdStrike (US), SentinelOne (US), IBM (US), Trellix (US), Secureworks (US), Cisco (US), Sophos (UK), Broadcom (US), Cybereason (US), Elastic (US), Fortinet (US), AT&T (US), eSentire (Canada), Qualys (US), Blueshift (US), Rapid7 (US), Exabeam (US), Cynet (US), LMNTRIX (US), Hunters (Israel), and Confluera (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: [email protected]

#Extended Detection and Response (XDR) Market #Extended Detection and Response (XDR) Market size #Extended Detection and Response (XDR) Market share #Extended Detection and Response (XDR) Market trends #Extended Detection and Response (XDR) Market growth #Extended Detection and Response (XDR) Market demand #Extended Detection and Response (XDR) Market overview

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likelyyouththing · 3 years ago

Text

XDR Market Analysis, Size, Share, Trend, Demand, Industry Penetration 2027

According to a research report "Extended Detection and Response Market by Component (Solutions and Services), Deployment Mode (Cloud and On-premises), Organization Size (SMEs and Large Enterprises), Vertical (BFSI, Government, Retail and eCommerce) and Region - Global Forecast to 2027" published by MarketsandMarkets, the XDR market size is projected to grow from USD 985 million in 2022 to USD 2,358 million by 2027, at a Compound Annual Growth Rate (CAGR) of 19.1% during the forecast period. The growing scale of cyberattacks has heightened the need for XDR solutions. Organizations are increasingly transitioning for point solutions to XDR solution as XDR provides visibility across many important data sources including endpoint, network, cloud, email, identity, IoT/OT, and others to find and respond to threats often missed by individual point solutions.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52119574

By component, the services segment to register the highest growth rate during the forecast period

Based on offerings, XDR services have witnessed a growing demand in recent years. The services include the support offered by security vendors to assist their customers in using and maintaining XDR efficiently. The services segment has witnessed tremendous growth in recent years. Both SMEs and large enterprises are increasingly relying on XDR providers to better respond to cybersecurity incidents. Financial services, healthcare, and eCommerce verticals have witnessed huge data losses due to security breaches. Hence, they are highly dependent on XDR for strengthening their cybersecurity capabilities. Employees are also adapting to new working practices by using VPN services, thus making their systems more vulnerable to attacks. With the ongoing scenario of rising attacks, organizations are deploying XDR to better protect their security infrastructure worldwide.

Based on deployment mode, the cloud segment to grow at the highest CAGR during the forecast period

The cloud deployment offers increased scalability, speed, 24/7 support services, and improved IT security. The demand for SaaS-based security solutions is rapidly increasing, as the central delivery model meets the IT security needs. Owing to the increasing number of applications being deployed on the hosted provider’s data centers, there is a shift from traditional on-premises XDR services to hosted XDR services across large enterprises and SMEs. Some of the key vendors offering on-premises and cloud XDR deployment modes are Secureworks, IBM, Trellix, Cisco, and eSentire.

Get sample of report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=52119574

North America to hold the largest market share during the forecast period.

North America is estimated to account for the highest market share in the XDR market. The threat landscape is continuously evolving across the globe to combat cyber threats and protect critical data and information from cyberattacks are expected to drive the XDR market in North America. North America is the most affected region in the world by cybersecurity breaches; as a result, it has the largest number of XDR providers. As the world is moving toward interconnections and digitalization, protecting enterprise-critical infrastructure and sensitive data has become one of the major challenges. This region is the most advanced in terms of the adoption of security solutions, services, and infrastructure.

Market Players

Key and innovative vendors in extended detection and response market include Trend Micro (Japan), Microsoft (US), Bitdefender (Romania), Palo Alto Networks (US), CrowdStrike (US), SentinelOne (US), IBM (US), Trellix (US), Secureworks (US), Cisco (US), Sophos (UK), Broadcom (US), Cybereason (US), Elastic (US), Fortinet (US), AT&T (US), eSentire (Canada), Qualys (US), Blueshift (US), Rapid7 (US), Exabeam (US), Cynet (US), LMNTRIX (US), Hunters (Israel), and Confluera (US).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: [email protected]

#XDR Market #XDR #XDR Market size #XDR Market share #Extended Detection and Response

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likelyyouththing · 2 years ago

Text

Extended Detection and Response Market Size, Share, Trends, Growth, And Regional Forecast

According to a research report "Extended Detection and Response Market by Offering (Solutions and Services), Deployment Mode (Cloud and On-premises), Organization Size (SMEs and Large Enterprises), Vertical (BFSI, Government, Retail & eCommerce) and Region - Global Forecast to 2028" published by MarketsandMarkets,

Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52119574

the global XDR market size is projected to grow from USD 1.7 billion in 2023 to USD 8.8 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 38.4% during the forecast period. Increasing cyberattacks have heightened the need for XDR solutions. Organizations are increasingly transitioning from point solutions to XDR solutions as XDR provides visibility across critical data sources, including endpoint, network, cloud, email, identity, IoT/OT, and others, to detect and respond to threats often missed by individual point solutions.

Based on offerings, the services segment to grow at a higher CAGR during the forecast period

The services segment by offering would grow with the highest CAGR during the forecast period. The services segment has witnessed tremendous growth. Small and large enterprises increasingly rely on XDR providers to respond to cybersecurity incidents and threats. Financial services, healthcare, and eCommerce verticals have witnessed huge data losses due to security breaches. Enterprises are still flourishing in the development of skilled cybersecurity professionals. Therefore, they highly depend on XDR services to strengthen their cybersecurity capabilities. SMEs look forward to adopting managed XDR services in the future.

Get More Info @ https://www.prnewswire.com/news-releases/extended-detection-and-response-market-worth-8-8-billion-by-2028---exclusive-report-by-marketsandmarkets-301870063.html

Based on verticals, the BFSI segment holds the largest market size during the forecast period.

Banks and financial institutes are prime targets for cyberattacks due to the valuable financial and personal information they possess. To enhance their security posture, many banks are adopting XDR solutions. XDR provides a holistic view of the threat landscape and enables banks to detect various threats across various attack vectors, including malware, phishing attempts, account takeovers, insider threats, and sophisticated targeted attacks. Thus, the BFSI vertical holds the largest market size during the forecast period. Some vendors in the market who cater to the BFSI industry are Trend Micro, Microsoft, Bitdefender, Palo Alto Networks, and CrowdStrike, among others.

Based on regions, Asia Pacific expects to grow at the highest CAGR during the forecast period.

Asia Pacific is home to diverse economies and rapidly growing digital infrastructure and the region faces unique cybersecurity challenges. In this dynamic region, XDR solutions offer a comprehensive threat detection, response, and remediation approach across multiple endpoints, networks, and cloud environments. Asia Pacific countries are undergoing rapid digital transformation, with increased adoption of cloud services, mobile devices, and IoT technologies. XDR provides holistic visibility across these digital assets, enabling organizations to secure their expanding attack surfaces.

The XDR market includes analysis of globally established players, such as Trend Micro (Japan), Microsoft (US), Bitdefender (Romania), Palo Alto Networks (US), CrowdStrike (US), SentinelOne (US), IBM (US), Trellix (US), Cybereason (US), Elastic (US), Fortinet (US), Secureworks (US), Cisco (US), Sophos (UK), Broadcom (US), Barracuda Networks (US), eSentire (Canada), Qualys (US), Blueshift (US), Rapid7 (US), Exabeam (US), VMware (US), Cynet (US), LMNTRIX (US), Stella Cyber (US), and Confluera (US).

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are moulded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit MarketsandMarkets™ or follow us on Twitter, LinkedIn and Facebook.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: [email protected]

Visit Our Website: https://www.marketsandmarkets.com

#Extended Detection and Response Market

0 notes

likelyyouththing · 2 years ago

Text

Extended Detection and Response Market Size, Share, Trend, Global Analysis

According to a research report "Extended Detection and Response Market by Offering (Solutions and Services), Deployment Mode (Cloud and On-premises), Organization Size (SMEs and Large Enterprises), Vertical (BFSI, Government, Retail & eCommerce) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global XDR market size is projected to grow from USD 1.7 billion in 2023 to USD 8.8 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 38.4% during the forecast period. Increasing cyberattacks have heightened the need for XDR solutions. Organizations are increasingly transitioning from point solutions to XDR solutions as XDR provides visibility across critical data sources, including endpoint, network, cloud, email, identity, IoT/OT, and others, to detect and respond to threats often missed by individual point solutions.